March 2020 has been an interesting month (and it hasn't finished yet)!

In less than 3 weeks we are all beginning to experience a new world - a new way of working - perhaps a new future normality.

And one of the key learnings that everyone is taking from this is: if digital wasn't already a large part of your life, it is now (in both home-life and work-life - and in fact those two seem to be blending too!).

"Digital Transformation" has been a buzzword for many companies - but there have been many in the more traditional B2B sectors where the old established ways of doing business have been hard to break; where face-to-face has always been the norm.

In these businesses, digital transformation has been slow to be accepted. It has been common to hear justifications for this, such as: "this is just how we do business" and "our customers prefer interacting with us this way". And to a certain degree, that has been true ..and, whilst there has been a recognition of the need to evolve, there has to date been no urgency to do so.

Well, in just 3 weeks, that landscape has arguably now all changed - and the urgency for change is now overwhelmingly compelling; those who have not embraced digital transformation will now probably be racing to do so.

This doesn't necessarily mean racing out to get your entire business onto e-commerce tomorrow. It is about thinking where, in your various customer touchpoints, the intervention of digital could help you right now - and then starting there and building a roadmap of your digital journey from that start point.

It is also about taking your customer on that journey with you. Suddenly changing your entire business world into a digital one may be too big an immediate step for your customers too. So it could be as simple as starting with the elements that will enhance your current interaction with them, such as a customer portal upon which you can start to add "features" that give your customers added value.

The exact answer will depend on your business, your current digital "status" and the appetite (from both your business and your customers) to embrace digital as a necessity for your business.

On this latter point, the past 3 weeks have arguably altered that mindset and accelerated the compulsion for change. Its time to act.

About the Author

Laura Lloyd

Laura Lloyd

Laura’s goal is to develop partnerships with clients, seeking to understand their challenges in order to provide creative, value add solutions. Laura always seeks to provide a 'no challenge is too big, no problem is too small' attitude and aims to always exceed expectations.

Related

Loyalty as a Growth Engine in Renewables – Does it work?

Loyalty as a Growth Engine in Renewables – Does it work?

Over the last 12 months we have speaking to a lot of businesses in the renewable energy market and w...

Read More
Which Loyalty Programme Model is the Right Fit for Your Business?

Which Loyalty Programme Model is the Right Fit for Your Business?

Retaining customers is just as important as acquiring new ones. Loyalty programmes have become a key...

Read More
Why Rewards Matter More Than Ever in 2026 

Why Rewards Matter More Than Ever in 2026 

Rewards are a strategic lever for engagement, behaviour change, and financial control in B2B loyalty...

Read More
ROI of B2B Loyalty: What Good Looks Like in Trade Industries 

ROI of B2B Loyalty: What Good Looks Like in Trade Industries 

Loyalty programmes must prove commercial value, not just participation. In trade, ROI is clarity – ...

Read More
Fostering a Culture of Trust, Collaboration and Passion for What We Do.

Fostering a Culture of Trust, Collaboration and Passion for What We Do.

It took a pandemic to revolutionise how we work, how we measure value and how we support each other ...

Read More
Gamification Is Finally Becoming Serious in B2B Loyalty

Gamification Is Finally Becoming Serious in B2B Loyalty

For years, gamification in B2B loyalty programmes was often dismissed as too “consumer-like” for p...

Read More

LoyaltyStream Key Features

  • 21 loyalty campaign types to suit every business
  • Options to deploy gamification campaigns such as Spin-To-Win and Prize Draws as well as Badges
  • Ability to track and reward all behaviours from transactions to actions
  • In-depth visual analytics and insights on Campaigns, Members, actions and transactions
  • Customisable CRM and segmentation options to suit your Member profile
  • Scalable modular SaaS platform that can grow with your business

 

Contact Us:

+44 (0)1844 208180

contact@streamloyalty.com

Carter House, Chilton Business Centre, Chilton, Buckinghamshire, HP18 9LS

Connect With Us:

Learn more about loyalty


Stream Loyalty on LinkedIn Stream Loyalty on Facebook Stream Loyalty on Twitter


Privacy Policy

Terms of Use

Cookie Policy


We offset our carbon footprint via Ecologi
Empty
Click + to add content